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Montgomery County officials unveil $285.7 million FY2027 budget and propose 5¢ property tax increase
Summary
County Administrator Angie Hill presented a $285.7M proposed FY2027 budget and recommended a 5¢ real-estate tax-rate increase to $0.81 per $100 assessed value; officials said a $2.4M transfer from the new Public Service Authority offsets revenues and expenditures, and public-safety staffing increases continue to drive costs.
County Administrator Angie Hill told the joint meeting of the Montgomery County Board of Supervisors and the Montgomery County School Board on March 16 that she is proposing a $285,700,000 fiscal year 2027 budget and recommending a 5¢ increase in the real-estate tax rate, bringing the rate to $0.81 per $100 of assessed value.
Hill said estimated new revenue for the year is just over $1,000,000 and noted that base revenues are lower than in recent years because of reduced interest income, shifts in the distribution of school-age population among towns and the county, and several businesses relocating outside the county. "For the past three…
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